Financial Services Reform Act 2001 (122 of 2001)

Schedule 3   Other miscellaneous amendments

Part 1   Technical and other minor amendments

Corporations Act 2001

17   After section 88A

Insert:

88B Qualified accountants

(1) For the purposes of this Act, a qualified accountant is a person covered by a declaration in force under subsection (2).

(2) ASIC may, in writing, declare that all members of a specified professional body, or all persons in a specified class of members of a specified professional body, are qualified accountants for the purposes of this Act.

(3) ASIC may, in writing, vary or revoke a declaration made under subsection (2).